PMG and Miami Parking Authority Form Partnership to Launch Green Initiative for Downtown

Miami-based developer PMG and Miami Parking Authority (MPA) collaborated to establish a new green community initiative in Downtown Miami. Located next to PMG’s recently launched Waldorf Astoria Residences Miami, the two blocks of green space will function as a transition from typical city features into a lavish oasis highlighting the beauty and warmth of nature to help encourage walkability. International landscape architecture company Enea was hired to design and curate the space. 

“The new Green Initiative is part of PMG’s continued commitment to the city of Miami. We’re creating an inviting sanctuary in the center of this dynamic, energetic downtown,” says Ryan Shear, Managing Partner of PMG and developer of Waldorf Astoria Residences Miami. “The environment will be reflective of the welcoming experience we hope to instill throughout Waldorf Astoria Residences Miami and the surrounding neighborhood.”

The green space is centered around a series of interconnected MPA parking lots that currently sit along 3rd and 5th Streets. The installation is intended to enhance the downtown community around Biscayne Boulevard by using appealing benches, decorative lighting and pavers to help combine parking with native trees and shrubs. It will also feature an elegant teahouse with beverages, pastries and other prepared food. 

“This project is a quality-of-life enrichment expected to foster a sense of place for the enjoyment of the community,” says Alex Argudin, Chief Executive Officer of the Miami Parking Authority. “We are pleased to collaborate with a world-class design team to create a green-space intervention that will foster social interaction and a healthier lifestyle.”

You May Also Like
Pompano Beach’s Comeback Coast

Reopening June 25 after a sweeping, multi-million-dollar renovation, the 219-room oceanfront property is more than refreshed—it’s redefined.

Read More
How Fort Lauderdale Is Courting Billionaires, Megayachts—and Messi

Spanning 40 acres of land and water, St. Regis Resort & Residences, Bahia Mar, is a $2 billion development.

Read More
Grupo Eco’s Atlantic Village Takes Shape in Hallandale Beach

The development of the project at 801 N. Federal Highway signals the city’s evolution into a hotspot for upscale living.

Read More
Sales Gallery Launches for the $2B St. Regis Resort & Residences, Bahia Mar, Fort Lauderdale

The property will encompass over 40 acres of waterfront property and incudes two 23-story residential towers plus a hotel.

Read More
Other Posts
Fort Lauderdale Housing Market Sees Major Shifts in June 2025

Despite rising prices and inventory, days on market are decreasing significantly year over year.

Read More
Developers Secure $160M for Waldorf Astoria Residences in Pompano Beach

The loan will fund construction of the first standalone residential property in Waldorf Astoria’s 100-year history.

Read More
High property taxes among the unpleasant costly surprises greeting wealthy transplants to Florida

Despite that fact, year-round sunshine, a lively social scene and the Florida lifestyle supersede the lack of cost savings.

Read More
New Hotel Proposed by Related Group and BH Group—Across from the Diplomat

The developers are proposing a 300-room hotel in Hollywood on the site of what is now a parking lot.

Read More